William Lyon Homes (NYSE:WLH) Major Shareholder Sells $910,416.00 in Stock

William Lyon Homes (NYSE:WLH) major shareholder Gmt Capital Corp sold 31,200 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $29.18, for a total transaction of $910,416.00. Following the transaction, the insider now directly owns 3,647,217 shares of the company’s stock, valued at $106,425,792.06. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Gmt Capital Corp also recently made the following trade(s):

  • On Friday, January 5th, Gmt Capital Corp sold 31,200 shares of William Lyon Homes stock. The stock was sold at an average price of $30.99, for a total transaction of $966,888.00.
  • On Thursday, December 21st, Gmt Capital Corp sold 6,049 shares of William Lyon Homes stock. The stock was sold at an average price of $28.38, for a total transaction of $171,670.62.
  • On Monday, December 18th, Gmt Capital Corp sold 35,551 shares of William Lyon Homes stock. The stock was sold at an average price of $28.86, for a total transaction of $1,026,001.86.
  • On Tuesday, December 12th, Gmt Capital Corp sold 26,100 shares of William Lyon Homes stock. The stock was sold at an average price of $28.82, for a total transaction of $752,202.00.

William Lyon Homes (WLH) traded down $0.60 during mid-day trading on Thursday, reaching $30.68. 221,400 shares of the company’s stock traded hands, compared to its average volume of 520,786. The company has a debt-to-equity ratio of 1.33, a current ratio of 10.77 and a quick ratio of 0.30. The company has a market capitalization of $960.68, a P/E ratio of 20.05 and a beta of 2.14. William Lyon Homes has a 12 month low of $16.37 and a 12 month high of $32.95.

William Lyon Homes (NYSE:WLH) last posted its quarterly earnings data on Tuesday, October 31st. The construction company reported $0.71 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.67 by $0.04. The business had revenue of $490.34 million during the quarter, compared to the consensus estimate of $486.57 million. William Lyon Homes had a net margin of 3.61% and a return on equity of 9.33%. William Lyon Homes’s quarterly revenue was up 43.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.34 EPS. sell-side analysts expect that William Lyon Homes will post 2.17 earnings per share for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in the stock. Arizona State Retirement System raised its stake in shares of William Lyon Homes by 0.8% in the 2nd quarter. Arizona State Retirement System now owns 12,300 shares of the construction company’s stock valued at $297,000 after buying an additional 100 shares in the last quarter. Rhumbline Advisers grew its holdings in shares of William Lyon Homes by 1.3% in the 2nd quarter. Rhumbline Advisers now owns 46,135 shares of the construction company’s stock worth $1,114,000 after purchasing an additional 585 shares during the last quarter. Thrivent Financial For Lutherans grew its holdings in shares of William Lyon Homes by 6.4% in the 2nd quarter. Thrivent Financial For Lutherans now owns 14,130 shares of the construction company’s stock worth $341,000 after purchasing an additional 850 shares during the last quarter. Victory Capital Management Inc. grew its holdings in shares of William Lyon Homes by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 5,896 shares of the construction company’s stock worth $142,000 after purchasing an additional 884 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in shares of William Lyon Homes by 0.3% in the 2nd quarter. Northern Trust Corp now owns 300,321 shares of the construction company’s stock worth $7,249,000 after purchasing an additional 924 shares during the last quarter. Hedge funds and other institutional investors own 98.22% of the company’s stock.

A number of analysts have commented on WLH shares. Zelman & Associates upgraded shares of William Lyon Homes from a “hold” rating to a “buy” rating in a report on Friday, October 27th. Zacks Investment Research upgraded shares of William Lyon Homes from a “sell” rating to a “hold” rating in a report on Saturday, January 6th. Wedbush restated a “neutral” rating and set a $31.00 price target (up previously from $27.00) on shares of William Lyon Homes in a report on Friday, December 29th. UBS Group boosted their price target on shares of William Lyon Homes from $25.00 to $30.00 and gave the company a “neutral” rating in a report on Wednesday, November 1st. Finally, Citigroup lowered shares of William Lyon Homes from a “buy” rating to a “neutral” rating and set a $35.00 price target on the stock. in a report on Thursday, January 4th. One analyst has rated the stock with a sell rating, five have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $30.75.

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William Lyon Homes Company Profile

William Lyon Homes is primarily engaged in the design, construction and sale of single family detached and attached homes in California, Arizona and Nevada. The Company conducts its homebuilding operations through four reportable operating segments: Southern California, Northern California, Arizona and Nevada.

Insider Buying and Selling by Quarter for William Lyon Homes (NYSE:WLH)

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